desperation

As I read about this year’s “Black Friday” aftermath I was sadly reminded of just how short the distance is between decency and desperation. For those of you who missed the blemished moment of mankind, allow me to sum it up for you. You have one scenario in which a group of shoppers suddenly felt entitled to not only enter a store at a certain time, but to also flee with armfuls of goods. This occurred in Manhattan in which a crowd of “shoppers” stood in line in front of a moderately upscale...

“If the dollar is really plummeting and the mortgage holders and credit card companies could go belly-up any day, why is it so important to pay off our debts? Wouldn’t a collapse wipe the debts out?”
This is a question I hear frequently, but I’ve been getting it posed to me in one way or another much more lately as a result of the Prelude to a Financial Collapse articles I’ve written. Even yesterday a similar question was posed to me by a reporter for a local newspaper. You may not be aware...